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here as a massacre. one that targeted the home of a senior member of hamas' military according to the israelis but inside that residential house were families. 12 people were killed including four children and four women. it's created a sense of anger among many here in the palestinians of gaza that the international community is not exerting enough pressure to stop the assault on the people of the gaza strip. palestinian faction says they are prepared in the event that israel launches a ground invasion here. they are willing to defend their territory with their lives. in egypt the focus has shifted a bit because politicians are trying to broker a cease-fire or truce between israel and palestinian factions. there are sticking points but there are signals or at least some early signs that a truce may be on the horizon that would be welcome news for people certainly in gaza and also in israel. back to you. >> thank you so much for that. reporting through the weekend and today from gaza. oil prices rising as fighting between israel and hamas does continue. could this be the beginn
of israel that israel has conducted a military action killing a senior hamas leader. an air strike in the gaza area killed the head of the hamas military. one of the things a number of traders heard about that earlier but one thing is an israeli military spokesman says this is the start of a broader operation. so that is one of the things. it seems to have the market a little bit on edge and has them bidding up oil at this hour. the one trader i talked to said between the tensions between israel and hamas if we'll see that spiking up obviously israel and syria over the last few weeks, that's better than israel and iran. back to you. >> that's true. bertha, thank you very much for that. congratulations if you are hold cisco shares coming into this session. they are experiencing a good bump on last night's results. we'll talk about what they are doing right and whether risks lie ahead next on the program and who would be affected the most if we go over the fiscal cliff? we'll get up close and personal with the cliff and as we head toward the break, another fiscal cliff fact. >> if la
in the week on what was happening in the gaza strip between israel and hamas and they felt that's the bigger dynamic in the week. others disagree. one thing's for sure, if you look at a longer chart, we have raised the gains of europe since september the 6th with the clear promise of the ec b that they would if required to have that unlimited buying of the bonds. still, of course, we work our way through disappointing corporate results. you don't know the german player and might know personal detergent or lock tight glue. they had organic growth announcement below what the market was opening for. you see that stock down 4%. after a good run. telecom lower around europe today. not paying the dividend. well, we thought they were going to spin off the fixed line business and maybe not happening and also some of the banks were lower in a general down day across europe today. there you go. the portuguese bank down 7%. carl, let me just leave you with one thought if i may as we discuss the fiscal cliff and working through what's happening in washington. deutsche banc with a note out today where it
Search Results 0 to 2 of about 3